China’s Economy: Evergrande a canary in the coal mine?
One Decision
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The Chinese Economy Is on the Cusp of a Huge State Intervention
i think the chinese economy is really on the cusp with this huge state intervention, which dates back to 20 17. Thothes huge shift in ithin the chinese leadership's psychology towards the market. And now it coincides with a massive change in the national economic situation. The end of liquidity, quantitative easing and deterioration in globalization. So yu've got two developments intersecting. You've got this authoritarian view of the economy plus international developments. And i think it means the way forward. I mean, dung shop bing famously said, it doesn't matter the cat is black or white, as long as it catches mice. What you see when she is he saple.
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